Life Time Group (LTH) insider files Form 144 to sell 82,730 shares
Rhea-AI Filing Summary
Life Time Group Holdings, Inc. (LTH) filed a Form 144 to report a proposed sale of common stock. The filing notifies the sale of 82,730 shares through BofA Securities, Inc. at an aggregate market value of $2,430,607.40, with the approximate sale date listed as 09/11/2025 on the NYSE. The shares were acquired on 10/12/2021, either directly from the issuer or by automatic conversion of preferred stock, and the filer reports holding 973,502 shares acquired on that date. No sales by the filer were reported in the prior three months. The filer attests there is no undisclosed material adverse information.
Positive
- Proper compliance and disclosure under Rule 144 with broker, quantity, and acquisition details provided
- Broker engagement with a major dealer (BofA Securities, Inc.) for orderly execution
Negative
- None.
Insights
TL;DR: Routine insider notice for a small block sale managed by a major broker; limited investor impact.
The Form 144 documents a proposed sale of 82,730 LTH shares valued at $2.43 million, arranged through BofA Securities. Relative to the 219,996,102 shares outstanding, the block is immaterial and unlikely to affect market supply or valuation. The holdings reported as acquired on 10/12/2021 total 973,502 shares, indicating the filer would still retain a sizable stake post-sale. No prior sales in the last three months were disclosed, and the filer affirms absence of undisclosed material adverse information.
TL;DR: Compliance-focused disclosure consistent with Rule 144; no red flags in the filing.
The submission follows required disclosure elements: broker identification, quantity, acquisition date and nature, and attestation about material information. The acquisition note clarifies shares originated from issuer issuance or conversion of preferred shares on 10/12/2021, and payment was cash and/or automatic conversion. The absence of sales in the prior three months reduces concerns about accelerated insider selling. Documentation appears complete for a Rule 144 notice; no governance concerns are evident from the content provided.